Tag: PSU bank
7 Results
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Sensex, Nifty open slightly higher
The benchmark Sensex opened at 36,575.24 from its Tuesday's close of 36,562.91. At 10.01 a.m., the Sensex was up 34.25 points or 0.09 per cent at 36,597.16.
September 4, 2019 -
Infra, CD, consumption durable stocks in focus
Karvy Stock Broking expects the government to take a balanced approach to tackle growth revival without compromising on fiscal math.
July 4, 2019 -
Sensex ends 249 pts higher led by banking stocks
The BSE Sensex ended 248.57 points or 0.63 per cent higher to 39,683.29 after touching an intra-day high of 39,821.94 and a low of 39,353.16. The Nifty advanced by 80.65 or 0.68 per cent to 11,924.75.
May 27, 2019 -
PNB fallout: SBI seeks inquiry against agro-firm
Amidst the recent controversies over the Punjab National Bank loan scam, the authorities of the State Bank of India ~ another leading PSU bank has pressed the panic button and sought CBI inquiry against a number of its senior officials and the directors of a private operated agro-marketing farm relating to repeated loans worth crores …
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February 25, 2018 -
‘Recap to mitigate PSB risks but NPAs to impact performance’
The government’s Rs 88,139 crore capital infusion in struggling public sector banks (PSBs) should help in part to mitigate risks but resolution of bad assets and continued high credit costs hinder the sector’s near-term performance, Fitch Ratings said on Thursday. While the capital infusion plan was less than half of its estimate of USD 65 …
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January 25, 2018 -
1,463 bad loan accounts owe PSU banks Rs 100 crore or more
As many as 1,463 entities account for bad loans of Rs 100 crore or more in 21 public sector banks (PSBs), finance ministry data showed. In State Bank of India (SBI) alone, 265 accounts had bad loans of more than Rs 100 crore each, totalling Rs 77,538 crore, at the end of the September quarter. …
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January 7, 2018 -
Rupee to get boost from govt’s PSU bank recap: Report
The rupee is likely to get a boost from the government’s PSU bank recapitalisation programme which is expected to support private CapEx recovery and increase foreign investor interest in domestic equity markets, says a report. According to the global financial services major, “stronger growth and INR correlations with equities are supportive of further currency gains”. …
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October 27, 2017